WWD Global Stock Tracker began the week with a 0.3 percent increase to 99.54.
Quiksilver Inc. logged the biggest increase, rising 3.3 percent to $3.41, expanding on the cushion it’s built since hitting a 52-week low of $3.13 on June 3.
Japan’s Shiseido Co. was next among those with gains in the group of 100 in the global fashion world. Shares gained 2.8 percent to 1,917 yen, or $18.91 at current exchange.
Coming off the attention focused on it by the just completed World Cup competition in Brazil, Adidas gained 2.7 percent to close at 73.48 euros, or $100, followed by American Apparel Inc., up another 2.5 percent to $1.21.
Germany emerged victorious in the World Cup competition, beating Argentina 1-0, and Germany’s Adidas reported strong sales of a new German football shirt bearing four stars — one each for Germany’s four World Cup victories — and selling for 84.95 euros, or $116.94, according to Reuters.
After disclosing plans to realign its financing to extend maturities and take advantage of favorable conditions in the credit markets, Abercrombie & Fitch Co. shares were up 0.4 percent to $41.46.
Equities on the losing side included Michael Kors Holdings Ltd., down 3.5 percent to $85.67; Lululemon Athletica Inc, down 3.2 percent to $38.87; Li Ning Co., down 2.7 percent to 5.32 Hong Kong dollars, or 69 cents, and Anta Sports Products Ltd., down 2 percent to 12.46 Hong Kong dollars, or $1.61.
The positive performance by the WWD Global Stock Tracker came on a day when markets in North America, Europe and Asia registered increases.
In New York, the Dow Jones Industrial Average was up 0.7 percent to $17,055.42, pulling up above the 17,000 milestone after hitting an all-time high of 17,088.43 in midday trading. European markets were led by the DAX in Frankfurt, up 1.2 percent to 9,783, while Shanghai’s SSE Composite Index rose 1 percent to 2,066.65.
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews